Escalent
Escalent

May 2020

 

Consumer attitudes and behavior continue to change alongside the evolving public health and economic crisis. In this second edition report, we delve into how COVID-19 is impacting Americans and the automotive and mobility industry following the passage of the CARES act, release of "Opening Up America Again" guidelines, and extended stay-at-home orders in certain states.

What's inside?

Based on results from our second national survey conducted from April 15 – 23, 2020, this report examines consumer attitudes and behaviors in four key areas with an expanded section on purchase behavior:

  • Consumer sentiment: How are people thinking and feeling about Coronavirus?
  • Economic impact: What do people think will happen with the economy?
  • Purchase behavior shift: Is there a shift in purchase behavior, especially for new and used vehicles?
  • Mobility pattern shift: Is there a change in mobility patterns?